Case details for Jack William HYLAND

Name: Jack William HYLAND

Name: CONTRACT ENGINEERING LIMITED

Date of Birth: / /

Date Order Starts: 22 / 4 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 10170635

Last Known Address: 15 Belvoir Road,, Balderton,, , , Newark,, NG24 3HQ

Conduct: Mr Jack William HYLAND failed to ensure Contract Engineering Limited (Contract) maintained and/or preserved adequate accounting records from 22nd October 2018 through to Liquidation on 30th October 2019. Or in the alternative, following the liquidation failed to deliver up such records as and when required to do so. As a result of these failures it has not been possible to establish: The purpose of £304,576 of transactions from the company account to apparent trade and expense type providers and whether these represent bona fide business transactions. The purpose of £151,612 of transactions from the company account to the linked company Tactix for Business and whether these represent bona fide business transactions. The purpose of £41,500 of transactions from the company account to the linked company JS Pubco Limited and whether these represent bona fide business transactions. Whether £58,981 of transactions to numerous persons labelled as ‘Wages’ in the company bank statements were subject to appropriate tax deductions. Whether £31,102 of transactions to numerous persons labelled as ‘Expenses’ and ‘Commission’ in the company bank statements were subject to appropriate tax deductions. Whether £60,017 of transactions to numerous persons labelled as ‘Subcontractor’ in the company bank statements were subject to appropriate CIS tax deductions. The accuracy of the claim made by HMRC in the liquidation of £7,658 from outstanding liabilities in regards VAT, (£6,710 in Tax, £5,505.70 & £948.15 in Surcharges) The accuracy of the claim made by HMRC in the liquidation of £143,065 from outstanding liabilities in regards PAYE, (£17,741) CIS (£123,587) and associated charges (£1,700 in penalties & 37.76 in interest). The true value and location of plant and equipment over which security was held by Contract’s creditors. The true level of company creditors and the extent to which the IP has been hampered in recovering funds from company debtors The cause of Contract’s insolvency and verify the circumstances thereof. 

This information is correct as at 13 / 6 / 2022



If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.